2022 HTG to ARS Historical Review

YEARLY HIGH

1.2544 ARS

YEARLY LOW

1.0020 ARS

YEARLY AVERAGE

1.1063 ARS

2022 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.2544. Conversely, the yearly low was recorded on January 15, dropping to 1.0020.

This high-to-low spread represents a total annual volatility of 0.2524 ARS. From a start-to-finish perspective, comparing the January average rate of 1.0212 to the December average rate of 1.1902, the exchange rate registered a net change of 16.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2544 was up 2.38% compared to the 2021 peak of 1.2252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 6,272 ARS

2021 Average 5,336 ARS

Yearly Trough Low 5,010 ARS

Transaction Impact: A difference of 1,262.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2426

1.0011

JanuMarcMayJulySeptNove

HTG to ARS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0445, compared to 1.1680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1235 points.

H1 Avg (Jan–Jun) 1.0445

H2 Avg (Jul–Dec) 1.1680

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1615 ARS (High: 1.1970 / Low: 1.0356). On the other end, February was the most stable month, with a tight range of 0.0251 ARS (High: 1.0486 / Low: 1.0235).

August Spread (Volatile) ±0.1615

February Spread (Stable) ±0.0251

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0234 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.2225) against the same month in 2021 (average: 0.9979), the exchange rate shifted by +0.2246 (+22.50%).

2022 Avg (October) 1.2225

2021 Avg (October) 0.9979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0441	1.0020	1.0212
February	1.0486	1.0235	1.0344
March	1.0519	1.0209	1.0374
April	1.0640	1.0267	1.0453
May	1.0734	1.0152	1.0565
June	1.0998	1.0525	1.0724
July	1.1468	1.0903	1.1063
August	1.1970	1.0356	1.0892
September	1.2366	1.1583	1.2010
October	1.2544	1.2084	1.2225
November	1.2321	1.1810	1.1991
December	1.2074	1.1698	1.1902